Officials from both China and the U.S. have lauded Obama's recent trip to China as a great success. While some have criticized the trip for producing little in terms of specifics, one should not casually dismiss the achievements actually made (see U.S.-China Joint Statement). In so many ways, the relationship between U.S. and China has never been closer. Yet despite the … [Read more...] about Opinion:Making Sense of the Dollar and Yuan
global recession
Is China recession proof?
In this McKinsey report, a panel of leading Chinese economists explains how the world’s fastest-growing economy has kept expanding despite the global downturn. China’s economy has demonstrated remarkable resilience in the midst of a worldwide slump. How has the country coped with the financial crisis? Is China finally emerging as an engine of global demand? Can its economy … [Read more...] about Is China recession proof?
On the State of China's Economy and the Global Economy
As the current world economy crisis drags on, there are still lingering hopes that China just might remain a bright spot in the world economy and help lead the world back to recovery. … [Read more...] about On the State of China's Economy and the Global Economy